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Passive Income Power – #1 Passive Income Coach Douglas Vermeeren

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#1 Passive Income Coach - Made

Most people spend their time at a job or working for someone else. They have been taught, conditioned and groomed that the only way to have income stream is to be involved in a trade. In other words, they believe that they MUST report for a 9-5 in order to survive financially. Money is separate from time and trades. When you understand how money will really arrive into your life (namely through systems that facility an exchange of assets or services) you are able to regain your freedom. #1passiveincomecoach #millionairementor #passiveincomemillionaire #escapetheraterace #dougalsvermeeren

The true definition of Passive Income freedom – By Douglas Vermeeren, #1 Passive Income Coach

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Too often passive income gets a bad rap because everyone thinks those creating it are just out to make some money for themselves and then sit on a beach somewhere. Recently y students proved once again that this is not the case.

I was so proud to see that so many of our students have understood that the true purpose of wealth is ultimately to bless the lives of other people too.

Passive income isn’t just about making your own life easier and gaining your own freedom. In the truest sense it is about liberating all within our influence and seeking to extend that influence wherever we go. True freedom and joy come as we are able to create abundance beyond our immediate circumstances.

I am grateful agin to my students who are taking the lead to demonstrate in the world the true meaning of abundnace and a passive income lifestyle. Thank you!

#1passiveincomecoach #giversgain #dogood

Escape the Rat Race Students give Back!

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I want to congratulate my students for raising a nice donation for the Great Ormand Street Children’s Hospital.  Passive Income for ourselves is not our only mission. It becomes our responsibility to give back once we have received! Thank you all for embracing the mission! #1passiveincomecoach #Douglasvermeeren #superstars #charities #giveback #giversgain #childrenscharity #escapetheratrace

More Student Success Stories

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More of my London Students are creating passive income for themselves and moving closer to a life of freedom and Choice. Check this out!

#1 passive Income Coach - More Student success

 

#1passiveincomecoach #success #financialfreedom #passiveincome #residualincome #douglasvermeeren #1wealthcoach #multplestreamsofincome #douglasvermeeren

A neglected conversation in passive income – By Douglas Vermeeren, The worlds #1 Passive Income Coach

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Douglas Vermeeren #1 Passive Income coach 6

The conversation that most people are having around passive income is always around how to make more money. While this is an important conversation it is missing a very essential component if you want to become wealthy. (it also lets you know clearly who understands wealth from Passive Income and who does not.)

A Passive Income Lifestyle and wealth through passive income must include more than an understanding of creating income streams, it must also include a conversation around how to preserve and protect the income generated through passive income streams.

NO, I’m not just talking about a boring conversation around tax strategies and financial planning. Protecting assets and money generated through passive income is generally more complex (and important) than what can be done around regular income streams. Often times passive income comes from untraditional or unconventional methods and that means you need to have specific and appropriate ways to protect it.

You will need to find an accountant who is well versed in how technology of today generates money, the expenses associated with the use of this technology and also an understanding that you may no longer be based in the country where you have paid taxes in the past. This is certainly true if you are a bit like me where you spend the bulk of your time abroad. In fact, you should have seen may tax returns for the years that I was abroad in Asia. As a non-resident in the country of my passport I paid very little in taxes. Obviously with more and more people gravitating towards a passive income lifestyle that includes travel and living abroad these are certainly considerations you need to be aware of.

As for marketing and technology it’s important for your preservation support team (account, bookkeeper etc.) to understand that marketing is the lifeblood of online passive income. Without it you cannot thrive. But they also need to understand the experimental nature of some of the campaigns. Not only can you discover tax deductions as a marketing expense but these can also receive benefits as R & D (Research and development) for you company. Just a consideration for you to be aware of.

And certainly the systems you need to create to support delivery of online products or digital delivery are often overlooked. These are components that traditional businesses often received benefits and deductions to create in the real world but are often overlooked online.

As the rest of the world catches up to the online world there will yet be many interesting changes and considerations given. Be sure that those you select to help you are aware and can support you in preserving your assets and capital.

Stick close as we explore some of these ways in the future.

#1Passiveincomecoach #douglasvermeeren #passiveincome #passiveincomemillionaire #passiveincomemillionairebook #dougvermeeren #passwiveincomegoldmine #Massivepassiveincome

Why you need passive income – by the #1 Passive Income coach

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Douglas Vermeeren #1 Passive Income coach 4

Passive Income is supposed to be just that PASSIVE. That means that it does not occupy much of your time once it is set up and running. Can you believe that as I am here snorkelling and finding sea shells I am making money. This is the kind of experience I believe everyone should have. And it’s not that difficult to do if you know the right systems to set up.

Passive income is your ticket to freedom and it is the way that all wealthy people build their fortunes.

No one wealthy trades time for money.

They just don’t do it.

I am just about to launch my newest ebook that will show you how to build passive income in your life. I am excited about this because this book reveals how you can actually create passive income using easy to follow ideas and strategies. In this book I dispel so many of the passive income myths that cause most people to think it’s just too hard. It’s not.

It really easy quite straight forward and there are specific things steps you can take immediately that will make it even easier. Stay tuned and shortly you can get your own copy of this easy to use manual for wealth.

#1passiveincomecoach #passiveincomemillionaire #douglasvermeeren #millionairementor #passiveincomemillionairebook #yourfirstmillion #passiveincome #Freedom #millionairelifestyle #1wealthcoach

Entrepreneur Lesson 2 – Not all work is created equal

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Entrepreneur Lesson 2 - Not all work is created equal

You’ve heard it a million times - Work Smarter not harder. The problem is most people think they are already working as smartly as they can. You’ve also heard the cry to take MASSIVE ACTION and that those who take action will win today! Partly true. When you put these two concepts together you will see that taking deliberate massive action is actually what you what. I don’t want you tell you to get busy I want you to get productive. There’s a massive difference.

Aside from the from the importance of understanding that not all work is created equal it is essential that you understand there are two kinds of work. 1) Functional work

2)Vital work

I  am indebted to my friend Daniel Priestly who uses these terms.

Functional work can be best described as work that must get done to make your company work. Systems, processes and procedures that gets your product or service into the hands of your customers. Most of the time this work can and should be delegated or outsourced. Many entrepreneurs stay broke because they remain as workers or technicians within their businesses doing this kind of thing. Often its very time consuming and keeps you from the more important work.

Which is the vital work:

Vital work is best described as the life force and the irreplaceable part of your business. You are the leadership behind the company and lead its purpose. You do so with power, purpose and passion. Your work and actions are deliberate and focused on guiding the business to growth, profit and reputation.

While both kinds of this work are essential to business success the best entrepreneurs understand that you need to delegate as much of the functional work as you can effectively do. And your time needs to be spent more in the vital work areas. As you move to higher levels of irreplaceability and creating a better experience for those in your company and those who do business with your company you will see everything expand.

Too many entrepreneurs forget that one of the key definitions of entrepreneur is to be a visionary. You can create a lead a vision if you are lost in too many functional tasks.

Douglas Vermeeren is the founder of the Entrepreneur Academy. After interviewing more than 400 of the worlds top achievers he has become known as the Modern Day Napoleon HIll. Many of these top achievers are now faculty members at the Entrepreneur Academy and can help you grow your business to higher and more profitable levels. http://www.TheEntrepreneurAcademy.co